Professional Fund Raiser Operating Statement - Kansas

Professional Fund Raiser Operating Statement is a legal document that was released by the Kansas Attorney General's Office - a government authority operating within Kansas.

FAQ

Q: What is a Professional Fund Raiser Operating Statement?
A: A Professional Fund Raiser Operating Statement is a document that provides information about the financial activities of a professional fund raiser in Kansas.

Q: What is a professional fund raiser?
A: A professional fund raiser is a person or organization that is hired to plan, organize, or carry out fundraising activities on behalf of a charitable organization.

Q: What information does the operating statement provide?
A: The operating statement provides information about the revenues, expenses, and net income or loss of the professional fund raiser during a specific period of time.

Q: Why is the operating statement important?
A: The operating statement is important because it allows the charitable organization and the public to evaluate the financial performance of the professional fund raiser.

Q: Who is required to file an operating statement in Kansas?
A: Professional fund raisers operating in Kansas are required to file an operating statement with the Kansas Secretary of State.

Q: What is the filing deadline for the operating statement?
A: The operating statement must be filed annually within 90 days after the end of the professional fund raiser's fiscal year.

Q: What information is included in the operating statement?
A: The operating statement includes information about the professional fund raiser's gross contributions, expenses, net contributions, and any fees or compensation received.

Q: Are there any penalties for late filing of the operating statement?
A: Yes, there are penalties for late filing of the operating statement in Kansas. The late filing fee is $10 per day, up to a maximum of $500.